CANDLESTICK HANDBOOK
Reading and trading chart patterns
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The Candlestick Handbook — Reading the Language of the Market
The first time you look at a live trading chart, the flickering red and green candles can seem like chaos. This book teaches you how to read the psychology behind them — the ongoing struggle between buyers and sellers — before the price makes its next big move.
The Candlestick Handbook is a practical, illustrated guide for beginner and intermediate traders. It's not dry theory — it's a step-by-step system:
Core concepts and candle anatomy (body, wick, open/close)
The essential bullish and bearish single-candle patterns (Hammer, Engulfing, Doji, and more)
Complex, real-world scenarios where patterns combine with support, resistance, and trend
How timeframes change everything — why the same candle means something different on a 1-minute chart versus a weekly chart
A concrete framework for Entry, Stop Loss, and Take Profit, including risk management and position sizing
This book won't hand you a crystal ball — no such thing exists in trading. What it offers instead is a disciplined, probability-based way of thinking, the same edge that separates consistently profitable traders from the rest.
Ideal for anyone starting out in technical analysis, and equally useful for traders who want to organize what they already know into a coherent system.
Author: Péter Pálfalvi
Details
- Publication Date
- Jul 5, 2026
- Language
- English
- ISBN
- 9781291623246
- Category
- Business & Economics
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Péter Pálfalvi
Specifications
- Format